Difference between revisions of "Break a Car Lease"
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The lower monthly payments and up-front costs of a car lease may have attracted you initially, but your situation may have changed since you signed that lease. Maybe you can no longer afford the payments, the car was damaged or stolen, or you find you need a different type of car for business or personal reasons. If you have to break your lease early, you may squander the savings opportunity you saw in the beginning. However, you do have options in breaking a lease besides simply giving the car back and paying a lot of money in early termination fees. | The lower monthly payments and up-front costs of a car lease may have attracted you initially, but your situation may have changed since you signed that lease. Maybe you can no longer afford the payments, the car was damaged or stolen, or you find you need a different type of car for business or personal reasons. If you have to break your lease early, you may squander the savings opportunity you saw in the beginning. However, you do have options in breaking a lease besides simply giving the car back and paying a lot of money in early termination fees. | ||
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== Steps == | == Steps == | ||
